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Stock Radar : Whirlpool, 360 One, Paytm, RedTape in focus

13 Jun , 2024   By : Debdeep Gupta


Stock Radar : Whirlpool, 360 One, Paytm, RedTape in focus

Here's a quick look at the stocks that will be in focus on Thursday due to significant investments and major deals announced by companies after market hours on Wednesday:


Whirlpool India: Whirlpool of India has joined hands with Hindustan Unilever for a marketing alliance with Surf Excel, a HUL brand. This is to transform and enhance the laundry experience for consumers in India.


360 ONE: The company has entered into a definitive agreement to acquire ET MONEY, a digital platform focused on wealth management.


Paytm: IRDAI has accepted the withdrawal of the application for the registration of its associate company as a 'general insurance company'. Paytm will now focus on insurance distribution rather than insurance manufacturing.


BLS International Services: The company's subsidiary, BLS International FZE, will acquire 99 percent equity shares of Balozi Liaison Services.


Amber Enterprises: The company has acquired an additional 4.6 percent stake in IL JIN Electronics. IL JIN Electronics is engaged in manufacturing, assembling, or dealing in printed circuit board assemblies.


Nestle India: The company approved the continuation of the payment of general license fees at the current rate of 4.5 percent to its Swiss parent.


GMR Airports and Infrastructure: NCLT has approved the merger of GMR Airports Limited and GMR Infra Developers Limited into GMR Airports Infrastructure Limited.


Integra Essentia: The company has received fresh orders worth Rs 2100 crore for its agro and infrastructure business segments.


Exide Industries: The company invested Rs 74 crore by subscribing to the equity share capital of its wholly-owned subsidiary, Exide Energy Solutions Limited.


RedTape: The company has commenced operational activity from its newly constructed warehouse situated in Howrah, West Bengal.

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